5 Best Stocks to Invest in 2021 For Long-Term Profits

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1. MP Materials Corp. (NYSE: MP)

Number of Hedge Fund Holders: 32

MP Materials is a rare-earth materials company that mines Neodymium-Praseodymium (NdPr), which is used in the production of motors and equipment installed in EVs, robotics, wind turbines and drones. The stock is set to gain value as the demand for EVs and related products rise exponentially throughout the world.

As of the end of the fourth quarter, 32 hedge funds in Insider Monkey’s database of 887 funds held stakes in MP Materials, compared to 46 funds in the third quarter.

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